Home Gadgets FTC Admits Defeat in Antitrust Battle With Facebook

FTC Admits Defeat in Antitrust Battle With Facebook

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The Federal Trade Commission will not appeal the court ruling rejecting its attempt to block the acquisition of VR fitness company Within by Facebook and parent company Meta. The regulator’s decision marks a major win for Meta and draws renewed scrutiny on the agency’s capacity to successfully bring similar antitrust…

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Source: gizmodo.com